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Wall Street Breakfast

Alibaba bets $52B on AI, cloud

24 Feb 2025

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Alibaba (BABA) to invest over $52 billion in AI and cloud infrastructure over next three years. (00:24) Prosus (PROSY) to acquire Just Eat Takeaway.com (JTKWY) for €4.1B in all-cash deal. (01:41) Shein's 2024 profit dropped nearly 40%: report. (02:35)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Monday: HE, EQX, and moreBybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heistElon Musk’s DOGE laying off workers at the auto safety agency overseeing Tesla - report'Captain America: Brave New World' crashes in second weekendSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

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